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Tasmania’s top builders delivered a remarkable 57.8 per cent increase in new home starts compared to 2023/24.
“This is a fantastic result for Tasmania, with a pickup in home building activity expected as interest rates are cut and buyers return to market,” said Benjamin Price, HIA Executive Director Tasmania.
“The top five Tasmanian home builders commenced 625 new homes across the state in 2024/25, up from 398 the previous year.
“That’s a 26 per cent market share by the top five builders for Tasmanian housing starts – a clear sign of confidence and capability among our leading builders.”
Among the Housing 100 builders contributing to Tasmania’s strong performance were:
“These builders have played a key role in lifting Tasmania’s housing activity and meeting the needs of Tasmania’s growing communities,” Mr Price added.
“Their commitment to quality and delivery is helping to shape the future of housing in our state.
“It also provides employment opportunities for young Tasmanians looking to get into the industry and carve a viable and attractive career pathway.
The Housing 100 Report, sponsored by Colorbond® steel, ranks Australia’s largest residential builders by the number of home starts each year.
Nationally, the report shows a strong rebound in building activity, with 64,407 homes commenced by the top 100 builders in the country – an 11 per cent increase on the previous year.
“With interest rates easing, population growth continuing, and construction costs stabilising, the outlook for home building in Tasmania is positive.
“We expect this momentum to continue as builders respond to the needs of Tasmanian families and our growing communities,” Mr Price said.
For copies of the publication (media only) contact Kirsten Lewis on k.lewis@hia.com.au
The Victorian Government has introduced the Labour Hire Legislation Amendment (Licensing) Bill 2025 (the Bill) into parliament. It amends the Labour Hire Licensing Act 2018 to address concerns about criminality in the construction sector.
“Sales of new homes for construction jumped 25.9 per cent in September following a series of policy changes, including a cut to the cash rate in August, removal of Lenders Mortgage Insurance and easing in planning restrictions,” stated HIA Chief Economist, Tim Reardon.
“Victoria commenced construction on just 7,650 new detached houses in the June quarter 2025, the weakest quarter for the state in almost 12 years and a new low for this cycle,” stated HIA Executive Director Victoria, Keith Ryan.
The Victorian Government has introduced the State Taxation Further Amendment Bill 2025 into Parliament. This Bill includes a number of tax changes, including the much discussed congestion levy changes.